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See how verdicts work2-bedroom flat · IP11 7SG
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In addition the apartment benefits from a modern shower room, modern electric radiators and a small patio area opening into the communal gardens.
The accommodation in brief comprises entrance hall (with two large storage cupboards), lounge/diner, kitchen, two bedrooms and a shower room. St.
Johns Court is a popular retirement development offering a host of communal facilities including a resident's lounge with optional social events, laundry room, a resident house manager, landscaped communal gardens, resident parking and lift facility to all floors.
St. Johns Court is located within close proximity to the town centre, seafront, church, library and GP surgery.
Being on the ground floor, with two bedrooms and with an extended lease, an early viewing is highly recommended.
COMMUNAL ENTRANCE DOOR ACCESSED VIA SECURITY ENTRANCE SYSTEM Leading to communal hallway with access to communal rooms such as the lounge. Apartment 16 is situated on the ground floor.
WOODEN ENRANCE DOOR Leading to: ENTRANCE HALL 13' 6" x 7' reducing to 4'7" (4.11m x 2.13m) Phone entry system, modern Dimplex electric storage radiator, large double width storage cupboard, airing cupboard and doors to: LOUNGE/DINER 16' 6" x 10' 7" (5.03m x 3.23m) Rointe electric radiator, TV point, patio doors with fitted shutter blinds opening into communal gardens with small patio area.
KITCHEN 10' 7" x 7' 7" (3.23m x 2.31m) Fitted worktops with a tiled splashback and fitted storage units above with matching units and drawers below. Stainless steel sink unit with single drainer.
Eye level electric oven. Four ring electric hob with cooker hood above. Space and plumbing available for a dishwasher or washing machine, further spaces available for fridge/freezer.
Under counter lighting. BEDROOM ONE 14' 6" x 9' 3" (4.42m x 2.82m) Rointe electric radiator, window to rear aspect, fitted wardrobes.
BEDROOM TWO 10' 7" x 7' (3.23m x 2.13m) Electric radiator, window to rear aspect.
SHOWER ROOM 9' 2" x 7' 3" (2.79m x 2.21m) modern suite comprising WC with hidden cistern, vanity wash hand basin with mixer tap and storage cupboard below, double width walk-in shower enclosure with electric shower over.
Fully tiled walls, heated towel rail. Emergency pull cord. Extractor. ST JOHNS COURT The St.
Johns Court development offers attractive communal gardens to both front, rear and inner aspects in addition to residents parking.
Internally the development benefits from a communal lounge, laundry room and a house manager. TENURE Leasehold - Apartment 16 benefits from an extended lease which has 101 years remaining.
SERVICE CHARGE & GROUND RENT We understand from the current owner that the service charge is currently £5,193.43 per annum and the ground rent is £207.62 per annum. COUNCIL TAX Band 'C'
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About St. Johns Court, Felixstowe
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